Still, only 28 per cent of B.C. SMEs consider themselves to be in a good state of business health ... Confidence among B.C. small and medium-scale enterprises (SMEs) continued to trend lower in July according to the Business Barometer survey released last week by the Canadian Federation of Independent Business. The long-term index was unchanged at 54.7 points and still above the index’s neutral benchmark of 50 points. The short-term three-month index was down to 46.7 points from 48.5 the previous month. The results point to weaker expectations for business performance among small business owners in B.C. Contributing factors to the deterioration in short-term expectations could include higher interest rates and the short-lived port strike ... CLICK HERE for the full story
A discussion on political, economic and social issues in British Columbia, and Canada